Source: Associated Press/AP Online Publication date: March 24, 2011 By JANNA HERRON NEW YORK – Fixed mortgage rates edged up this week, but even 30-year rates below 5 percent have done little to boost home sales. Freddie Mac said Thursday the average rate on the 30-year fixed mortgage rose to 4.81 percent from 4.76 percent…
Source: Associated Press/AP Online Publication date: February 24, 2011 NEW YORK – The average rate on the 30-year fixed mortgage fell below 5 percent this week, as investors sought more Treasury notes amid growing tension in the Middle East.Freddie Mac says the average rate on the 30-year loan slipped to 4.95 percent from 5 percent.…
From interest.com Interest.com’s weekly survey of major lenders, taken Feb. 9, found the average interest rate for a: 30-year, fixed-rate loan increased to 5.23% from 5.02%. Interest rates are now higher than they were at this time last year, when a 30-year loan averaged 5.15%. 15-year, fixed-rate loan jumped to 4.48% from 4.29%. A year…
Source: Associated Press/AP Online Publication date: January 13, 2011 By JANNA HERRON NEW YORK – Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a…
About two weeks ago we published a Newsfeed post about mortgage interest rates nearing the bottom — meaning the only place they can go is up. While the rates are still at historical lows, waiting to make that building decision for several months could result in a higher interest rate, which lessens your buying power. …
